United Engineers (UE)

SINGAPORE (Mar 2): Oxley Holdings has raised its stake in United Engineers (UE) to 16% from 15.94%.

SINGAPORE (Feb 22): United Engineers posts a 36% drop in earnings to $89.6 million for the full year ended December, from $140.6 million a year ago.

SINGAPORE (Nov 10): At least one new deal has been announced every day over the last week, with the largest being COSCO Shipping International (Singapore)’s $488 million offer for logistics services provider Cogent Holdings on Nov 3.

SINGAPORE (Sept 20): United Engineers will remain listed after an offer to take the century-old property group private failed.

(Sept 13): If he were alive today, the rubber and pineapple king of 1930s Singapore would surely be asking whether the custodians of his empire just sold another chunk of it too cheaply.

SINGAPORE (Sept 12): United Engineers (UE) on Tuesday announced the appointment of Zhong Sheng Jian and Pua Seck Guan as its new directors.

SINGAPORE (Aug 16): Lim & Tan Securities is maintaining its “hold” recommendation on United Engineers as it does not expect the takeover offer to succeed.

SINGAPORE (July 12): Oversea-Chinese Banking Corporation (OCBC) and Great Eastern (GEH) this morning jointly announced they are in final stages of discussions with a shortlisted bidder regarding their combined stakes in United Engineers and WBL Corp.

SINGAPORE (June 28): UOB KayHian is maintaining its ‘buy’ call on Oversea-Chinese Banking Corporation (OCBC) with a target price of $11.70.

SINGAPORE (June 1): Perennial Real Estate Holdings has confirmed its interest in property group United Engineers.